1 bedroom apartment for sale
Hodgkin Court, Dobson Walk, SE5 7FN
Share percentage 40%, full price £390,000, £15,600 Min Deposit.
Share percentage 40%, full price £390,000, £15,600 Min Deposit.
Monthly Cost: £1,535
Rent £631,
Service charge £112,
Mortgage £792*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £57,385.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,600. Total approximate savings required £19,600.
Important borough specific eligibility criteria
Southwark
All London Applicants will be considered, with priority given to Southwark Applicants.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Modern 1 bedroom apartment in the London Borough of Southwark - 40% Share £156,000 - Full Market Value £390,000
Description
Set on the 2nd floor of a purpose built block is this well maintained one bedroom apartment located in Camberwell.
SPECIFICATION
Second Floor:
- Reception/Kitchen
- Bedroom
- Bathroom with WC
- Balcony accessed from Reception Room
GIA
51 sq.m
EPC rating
B
Length of lease
94 Years
Borough
Southwark
Key Features
- Short distance from shops, restaurants and Burgess Park
Transport Links
- Denmark Hill - (Overground, Thameslink & Southern lines) 1.1mi
- Elephant & Castle Station - (Bakerloo, Northern, Thameslink & Southern lines) 1.3mi
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £390,000, £15,600 Min Deposit. Calculated using a representative rate of 4.64%
